6724 Hillpark Drive 201, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath
ACTIVE$615,000
6724 Hillpark Drive 201, Los Angeles, California 90068
2Beds
2Baths
1,234Sqft
509,560Lot
Year Built
1966
Close
-
List price
$615K
Original List price
$615K
Price/Sqft
$498
HOA
$819
Days on market
-
Sold On
-
MLS number
24459267
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $615.0K(52th), sqft - 1234(57th), beds - 2(50th), baths - 2(50th).
One of the desirable and rarely available units in the Hollywood Hills West, Highland Community. Very quaint 2 bed /2 bath with formal entry. This unit has a master bedroom with walk in closet and built in drawers. Kitchen with large pantry . Sliding doors opening to enclosed patio that wraps around from living room to bedrooms. Property is tenant occupied. Probate Sale Subject to Court Confirmation and Overbidding. Minimum bid must be at least 90% of court approved price. Showings by appointment only with Listing Agents.
Condition Rating
Poor
Built in 1966, this property is 58 years old and shows no evidence of major renovations in the past 50 years. The kitchen features extremely dated cabinets, laminate countertops, and older white appliances, along with outdated linoleum flooring and fluorescent lighting. Both bathrooms exhibit similar conditions with very old vanities, fixtures, and tile work. Carpets throughout the living areas and bedrooms appear dated and worn. The overall aesthetic is severely outdated, indicating a need for substantial repairs and rehabilitation across all major interior components to meet current quality and style standards.
Pros & Cons
Pros
Desirable Location: Situated in the highly sought-after Hollywood Hills West, Highland Community, offering a prestigious address in Los Angeles.
Exclusive Opportunity: Described as a 'rarely available unit,' indicating exclusivity and potential for strong buyer interest in a competitive market.
Functional Layout & Storage: Features a formal entry, a master bedroom with a walk-in closet and built-in drawers, and a kitchen with a large pantry, enhancing livability and storage.
Private Outdoor Space: Includes an enclosed patio that wraps around from the living room to the bedrooms, providing valuable private outdoor living area.
Income-Generating Asset: Currently tenant-occupied, offering immediate rental income potential for investors.
Cons
Probate Sale Complexities: The sale is subject to court confirmation and overbidding, which can lead to extended timelines, uncertainty, and a more complex purchasing process.
High Association Fees: A significant monthly association fee of $819.0 adds a substantial recurring cost to ownership, potentially impacting affordability and long-term expenses.
Restricted Access: Being tenant-occupied and requiring showings by appointment only limits viewing flexibility and thorough inspection opportunities for potential buyers.